The popular travel website recently revealed its top Travelers' Choice hotels for 2016, sifting through its traveler reviews and crowning India's Umaid Bhawan Palace No. 1.

Boasting 64 rooms and suites on a whopping 26 acres, the Palace is far from average. With a TripAdvisor rate of $734 per night, guests staying here are sure to get their money's worth.

"Upon arrival we were greeted by horns, drums, the royal velvet canopy, a blessing, flower garlands and champagne," a TripAdvisor reviewer wrote. "I would have been happy never leaving the lobby, but there was more."

Coming in at No. 2 is Cambodia's Shinta Mani Resort, which is a much more affordable accommodation compared to the Umaid Bhawan Palace. The average nightly TripAdvisor rate is just $199 and rooms are available for even cheaper come May.

Italy's Bellevue Syrene, Vietnam's Hanoi La Siesta Hotel & Spa and the Achtis Hotel in Greece round out the top five for 2016. While daily rates at Bellevue Syrene run an average of $562, per TripAdvisor, travelers can reserve a room at the latter two properties for an average of $104 per night.

The sixth-ranked Belmond Le Manoir aux Quat'Saisons in the U.K. is the most expensive hotel in TripAdvisor's top 10, with an average TripAdvisor rate of $1,162 per night. But travelers eyeing a discount would be wise to wait until low season in September.

Mirihi Island Resort in the Maldives comes in at No. 7 this year, but is the second priciest at $1,059 per night.

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